Certified General Accountants and the Audit Accounting Essay
The most important factor, self-interest, is an accountant's motivation to act in his best interest or when faced with a conflict of interest. For example, if an auditor has a problem with an account he is auditing, but receives financial incentives to ignore these issues, the auditor may act unethically. The term Certified Public Accountant is more popularly known by the abbreviation “CPA”. It is a professional title given to accountants based in the United States and other countries who have successfully passed the “Uniform Certified Public Accountant Examination” and also met all additional requirements, namely: The report recommends that public accountants and assess and replace auditors Trade with the new law that would strengthen auditor independence and improve audit quality standards. The societies identified were found to exert undue influence on the accounting profession and on accounting and audit functions,